Tag Archives: Public

Finance-and-insurance profits surged in the third quarter for all six publicly traded retailers as consumer demand and short supply pushed up pricing on new- and used-vehicle sales. In a record-setting quarter amid the coronavirus pandemic, all six retailers raised same-store F&I profits by more than $ 100. Several public groups …

Consumer demand and short supply pushed up pricing on new- and used-vehicle sales, spurring third-quarter profits for all six publicly traded finance-and-insurance retailers. In a record-setting quarter amid the coronavirus pandemic, all six retailers raised same-store F&I profits by more than $ 100. Several public groups reported record-high F&I profit …

Marc UrbanoCar and Driver Tesla’s Full Self-Driving (FSD) feature in its Autopilot system was released as a closed beta this week, and CEO Elon Musk said today he is hopeful there will be a wide release by the end of the year. Tesla recently rewrote most of the software for …

After years of hints and teases, the public finally got to see the car that will spawn a new Toyota sports car in the metal. A hybrid powertrain with a twin-turbocharged 2.4-liter direct-injection V-6 and an electric motor gives the GR Super Sport a total of 986 horsepower. To top …

Finance-and-insurance profit per vehicle rose for all six publicly traded dealership groups in the second quarter as the industry absorbed the continuing impact of the coronavirus pandemic on operations. Earnings at the public dealership groups took a hit from the pandemic, though many reported better-than-expected figures for the quarter thanks …

Volkswagen is offering a tour and build experience at the company’s Transparent Factory in Dresden, Germany. Visitors can help build a Volkswagen e-Golf at five different stations, with the help of an employee. The e-Golf will soon be replaced by the ID.3, and in 2021, the tour will be changed …

Strict shelter-in-place orders brought on by the coronavirus pandemic severely hindered profits at publicly traded U.S. megaretailers in the first quarter. But despite showroom closures, slowing vehicle sales and economic uncertainty closing out the month of March, all six public groups posted gains in finance-and-insurance profit per vehicle. Public groups …